What Account Types and Fees Does ADMIS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Access to a variety of trading instruments, user-friendly platforms |
Suitable for those starting with smaller capital |
| Professional Account |
Experienced traders and professionals |
Higher leverage, tailored services, reduced spreads |
Requires meeting specific trading volume criteria |
| Corporate Account |
Corporate clients |
Customized solutions, priority support |
Requires corporate documentation for verification |
| Islamic Account |
Traders seeking a swap-free option |
No overnight interest charges |
Available for clients adhering to Islamic finance principles |
| Demo Account |
All types of traders |
Practice trading without financial risk |
Ideal for testing strategies and familiarizing with trading platforms |
Account Opening Process
To open an account with ADMIS, prospective clients must follow several steps. Initially, they need to provide personal information, including their full name, contact details, and date of birth. Following this, employment details and financial information must be submitted to assess suitability for the account type chosen. Identity verification is essential and requires documentation such as a government-issued ID and proof of address. After completing these steps, clients can enjoy the flexibility of upgrading to a professional account if their trading activity meets the necessary criteria in the future.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive pricing for traders |
| CFDs (S&P 500) |
1.5 |
$0 |
Access to major indices |
| CFDs (Gold) |
0.4 |
$0 |
Liquid commodity trading |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
Other Fees
Traders should be aware of several additional fees that may apply. These include deposit and withdrawal fees, which can vary depending on the payment method selected. Inactivity fees might be charged if an account remains dormant for an extended period. Platform usage fees are not applicable at ADMIS, ensuring all clients can access trading tools without extra costs. Additionally, overnight interest, commonly referred to as swap rates, may apply to positions held overnight. Currency conversion fees may also be incurred when trading different currency pairs.
